Max Keiser and Stacy Herbert discuss both the Dow and bitcoin hitting an all time high as the Fed continues to print $85 billion per month for Wall Street handouts whilst the sequester cuts $85 billion from services to the poor, the elderly and soldiers. They also talk about house prices tripling to all time highs in Hong Kong (thanks to quantitative easing) whilst 'surreal' ghost cities are built in mainland China but which nobody can afford and about how incomes in America are collapsing - thanks to quantitative easing. In the second half of the show, Max Keiser talks to Charles Hugh Smith of OfTwoMinds.com about both socialism and capitalism leading to debtism.
ALERT: North Korean Has Launchable Nuclear Warheads which Fit on the Ballistic Missiles
North Korea's nuclear warheads fit on a missile, official says
WASHINGTON -- A U.S. intelligence agency has concluded that North Korea has developed nuclear warheads small enough to fit on a ballistic missile, a congressman disclosed Thursday.
At a House armed services committee hearing focused on the budget, Rep. Doug Lamborn (R-Colo.) read from what he said was an unclassified portion of a classified Defense Intelligence Agency study that states, "DIA assesses with moderate confidence the North currently has nuclear weapons capable of delivery by ballistic missiles. However, the reliability will be low."
Although U.S. experts believe North Korean missiles are not capable of hitting the U.S. mainland, the notion that the regime had achieved a significant leap in weapons technology would be deeply disconcerting for U.S. policymakers. It was not immediately known whether the CIA and other U.S. agencies agree with the DIA, an intelligence arm at the Pentagon.
Lamborn said the DIA study was completed last month but the conclusion had not been made public.
The Pentagon announced last month that it plans to augment missile defense systems in Alaska in response to the North Korean threat. It also said it will deploy another antimissile system to Guam, which is in range of North Korean missiles.
Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, declined to answer Lamborn's question about the report in the public hearing.
At a different congressional hearing Thursday, James R. Clapper, the director of national intelligence, sought to downplay the recent tension with North Korea. He said the tension was higher in previous episodes in his career, including when the North Koreans seized a Navy spy ship in 1968 and detained its crew. They ultimately were released but the ship, the Pueblo, remains in Pyongyang.
Clapper said there is uncertainty regarding North Korea's young leader, Kim Jong Un.
"We don't have good detail on the inner sanctum," he said. "There's no telling how he's going to behave. He impresses me as impetuous, [and] not as inhibited as his father became about taking aggressive action."
Ever since the American public began to understand the scope of US drone operations abroad, questions have continued to add up. But weeks after Sen. Rand Paul (R-Kentucky) waged a marathon filibuster to examine the use of unmanned aerial vehicles most of these questions remain unanswered. President Barack Obama says his targeted kill program is "Serious and not speculative," but a recent report published my McClatchy makes a whole other argument. According to the paper, the scope of the US drone program being conducted abroad is much larger than the White House claims, and it's not just high-profile targets like al-Qaeda members and their affiliates that are being killed: it's civilians and anyone else within strike. Stephen Miles, coalition coordinator of Win Without War, joins RT's Meghan Lopez to discuss
North Korea Can Put A Nuke on a Missile, U.S. Intelligence Agency Believes
South Korea continues to be on high alert, saying North Korea could launch a missile by around April 15th, the birthday of the country's late founder Kim Il Sung.
The Defense Intelligence Agency has concluded with "moderate confidence" that North Korea might be capable of placing a nuclear weapon small enough that could be delivered by a ballistic missile. The DIA also says that if that is the case, the reliability of the missile would be low.
Napolitano and Shep Smith Take On IRS E-Mail Snooping Without Warrants: 'Stay Out Of Our Stuff!'
4/11/13 - With Tax Day less than a week away, Fox News reported this afternoon on the American Civil Liberties Union obtaining IRS documents via the Freedom of Information Act that show the federal tax collection agency routinely searches Americans' emails, possibly in violation of the Fourth Amendment's prohibition on unreasonable search and seizures.
Reporter Jonathan Hunt noted to host Shepard Smith that the controversy over the Internal Revenue Service's practices largely stems from the fact that the agency uses an "administrative summons" to decide to search an email without a search warrant or any form of court order.
Fox judicial analyst Judge Andrew Napolitano clarified the controversy to a "confused" Smith, explaining that the IRS intends to use this surveillance technique only for investigating criminal fraud, which makes up "a very, very, very tiny percentage of taxpayers." However, he noted, many of the e-mails read and collected will never make it to a court case; and the ones that do would likely be questioned by a judge who wondered how the evidence was obtained without any form of court order or warrant permitting a search of private e-email exchanges.
"How is that consistent with the Fourth Amendment?" the judge hypothetically asked. "You didn't come to me and ask for a search warrant — you just took it."
Smith then lamented that there are "so many more instances of elements of the government or authority figures in this country getting into our stuff."
"Stay out of our stuff," he said to an agreeing Napolitano.
"What the ACLU — in my view, quite properly — wants to know [from the IRS] is: Are you following your own regulations which tell you how to get around the Fourth Amendment or are you following the Fourth Amendment?" the judge said. "They have not yet answered that question."
"What happens next: Anybody they suspect of cheating, they just drone them," Smith joked to end the segment.
Alex Jones Show - Commercial Free Podcast: Thursday (4-11-13) Shooter Jennings
On the Thursday, April 11 edition of the Alex Jones Show, Alex covers the latest on the stand-off with North Korea as a Chinese professor predicts all-out war and the U.S. and North Korea engage in a dangerous game of military brinkmanship. Alex also breaks down the latest on the Democrat orchestrated march in Congress to destroy the Second Amendment and impose gun registration and ultimately confiscation on the American people. On today's worldwide broadcast, Alex talks with country and Southern-rock singer-songwriter Shooter Jennings. His latest album is The Other Life.
As the European banking and currency crisis unfolds, the emerging digital currency has rapidly become a refuge for people fleeing from the euro and seeking to protect their savings and assets from confiscation.
In Cyprus, where thousands of businessmen have seen nearly all of their operating capital siphoned from their accounts, Bitcoin ATMs have suddenly appeared. Investors and businessmen in Spain and other countries that may soon fall prey to the "Cyprus Model" are likewise fleeing to the bitcoin.
Some analysts believe that Bitcoin, which allows for unmediated fund transfers between individuals, poses a potentially lethal threat to conventional banking. It is certainly exposing the weakness of the world's incumbent reserve currency, the US dollar.
As of April 2, it took 115 U.S. dollars to purchase a single Bitcoin. Is this a speculative bubble? After all, Bitcoin is a virtual currency without precedent in human history.
Does Bitcoin offer promise, or peril? We'll examine this issue with economic analyst Jeffrey Tucker. Mr. Tucker is the head of Lassiez-Faire Books. He is the author of "It's a Jetson's World: Private Miracles and Public Crimes" and "A Beautiful Anarchy: How to Create Your Own Civilization in the Digital Age."
Next News Network's WHDT World News Program airs daily at 6pm and 11pm Eastern on Comcast, DirecTV and Over-the-Air and Online at http://usmediavault.com/WHDT.html
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What is bitcoin, and why is it suddenly the hottest thing in global currency markets?
April 11 (Bloomberg) -- Bloomberg's Sara Eisen and Economics Editor Michael McKee debate the intrinsic value of Bitcoin as the virtual currency has seen its value plunge due to increased interest. They speak on Bloomberg Television's "In The Loop."
Senator Elizabeth Warren's opening statement and Q&A at the April 11, 2013 Senate Banking Committee, Subcommittee on Financial Institutions and Consumer Protection Hearing. Panelists include: Mr. Daniel P. Stipano Deputy Chief Counsel Office of the Comptroller of the Currency Mr. Richard Ashton Deputy General Counsel Board of Governors of the Federal Reserve
, Endless War - by Tim Rifat 2013 April 10th
Turan (Tim) Rifat was born in Brighton in 1957. He has a university science degree and another in education. Whilst doing his Ph.D., the author decided he’d had enough of mechanistic science, so for the past 15 years he has been researching the paranormal, with the aim of developing its physics, as well as carrying out numerous workshops on healing and personal development. His research task took rather longer than imagined, and led to some unfortunate confrontations with ‘evil’ forces-MI5 being the least of these. Recently, he set up Paranormal Management Systems (PMS), the only company in Europe with expertise in biophysical RMCT that can come close to what the Russians have developed and which outstrips the US knowledge base in the biophysical area. PMS evaluates this military-domain RMCT material and develops it in terms of its applications for business in enhancing profitability and performance. Turan Rifat offers courses and consultancy in the RV/RI field. He is currently writing a book, Remote Viewing: The Story of the Real X-Files, and is planning to follow up this article with one on ESP and telepathy, with reference also to synthetic telepathy (About the Author).
Max Keiser on Bitcoin Currency : Abby Martin talks to Max Keiser, host of the Keiser Report, about the global economy and the growing popularity of the decentralized digital currency known as the Bitcoin.
it has a limit. you can't cointerfeit Bcoin, due to the energy used to make a transaction. plus Bcoin can't inflate, lose purchasing power or be diluted ergo 1BC=1BC.
Bitcoin's 'anything goes' nature has made it a target for hackers, who quickly learned to steal the virtual money. But William Mook, an entrepreneur who tracks bitcoin markets, says the actual damage is being exaggerated.
bitcoin specifically has *many* great things. where i think fails:
>its user base is growing when it should be stable;
>people are trying to use it to earn money;
>speculators scaring newcomers;
>hoarders holding on to it until it is worth a gazzilion other value.
Its a currency, for trading, measuring value, you know... stretching rubber as a ruler is not good. So, not using it solely for the purpose of facilitating trading actually removes value from it.
The bubble has the size of the lack of actual trade being done with it, the sum of it's users unwillingness/inability to get paid in bc, and ability/willingness to pay with bc.
If a country doesn’t want to get its hands dirty they put the capability to do something in the hands of another country. North Korea has had help from more capable countries than their own pathetic scientists and engineers. Super powers don’t like going at it headon unless they have a sneak attack or killer advantage. Imagine giving Korea a superior nuclear warhead masquerading as a joke to slip by the American’s defences and cause harm in so many ways none the least confidence in the American’s abilities to protect. Of course North Korea pays the ultimate price with the true manipulator sitting in the background capitalizing on the situation.
Bitcoin is the world's first fully decentralized, peer-to-peer (p2p) virtual currency. It allows users to make anonymous and untraceable cash transactions anywhere in the world without any sort of real-world intermediary. So unlike PayPal and other online services, it can't be squeezed in the same way by governments or other control agents.
Created in 2009 by a shadowy figure who goes by the name Satoshi Nakamoto, there are currently about 6 million bitcoins in circulation. That number will eventually rise, in regular intervals, to a total of 21 million by 2033. A money system without any sort of central bank? A currency whose supply increases at a steady and predictable rate according to a concept elucidated by the Nobel laureate economist Milton Friedman?
Just how revolutionary is Bitcoin?